The release of the open source code for the nation’s central bank digital currency (CBDC) sandbox marks a significant achievement for Norway’s central bank in its efforts to promote the use of digital currencies. According to Norway’s Central Bank, the digital Norwegian Krone is currently being tested as an ERC20 token on Ethereum. The CBDC […]
Category: Ethereum
Potential PoW Token Alternative to Ethereum Post Merge Up By 85%
As Ethereum’s much-anticipated merge gets closer, cryptocurrency miners are starting to look elsewhere in order to mine currency. The reason for this is simple: After Ethereum changes its consensus from proof-of-work (mining) to proof-of-stake, the Ethereum mining community of over 260,000 wallets will be left without the possibility of mining Ethereum’s token, ETHER. For this […]
Ethereum Finished Final Network Test Before The Merge
The anticipation for Ethereum’s much awaited merge into proof-of-stake consensus is nearly here. Ethereum’s network engineers have run test after test in the frantic lead-up to Ethereum’s much-awaited merge in order to ensure everything goes according to plan when the second-largest cryptocurrency by market capitalization switches to proof of stake early next week. Ethereum completed […]